In the Gilded age, how did monopolies affect many small businesses?

2 answers:

5 0

<span>Monopolies affected small businesses by forcing them to shut down. A small business cannot compete with large companies, especially their ability to buy goods in bulk. When a company buys goods in bulk, it is able to negotiate a better price. Small businesses cannot do this because they don't have access to as much capital as large businesses do. The Gilded age lasted from 1870 to 1900. It was a volatile time in the history of America. The Industrial Revolution had spread offering opportunities for many people to make a lot of money but, at the same time left many farmers and workers struggling for survival.</span>

katrin2010 [14]2 years ago

3 0

Answer:

on edge its D (Monopolies forced small businesses to shut down)

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